“We are thrilled to be working with investors with deep technology roots along with strong strategic investors with 100 thousand housing units in their portfolio,” said Sean Conway, Pillow’s CEO. “As we launch Pillow Residential, we’re confident we can achieve our vision of enabling travel for more and more people through short-term rentals.”

The company says it is working with owners such as Marian Group, Virtu Investments, and Peak Residential. Pillow Residential already has 4,000 units enrolled in San Francisco, Oakland, Denver, Eugene, Salt Lake City, Louisville, and Albuquerque.

In San Francisco, Pillow is partnering with Veritas Investments. Veritas manages nearly $2 billion in real estate assets in San Francisco and the Bay Area, including nearly 200 apartment buildings in the city of San Francisco alone, on behalf of institutional and individual investors.